Skip to main content

Here's how much president Obama earned last year

attached-image.jpg

President Obama released his 2014 tax returns with reported income of $477,383. The president, who filed jointly with his wife Michelle, paid $93,362 in taxes at a rate of 19.6%.They also paid $22,640 in state income tax to Illinois, where they own a home. The first couple donated 14.8% of their total income to charity with $70,712 in donations to 33 non profit organizations. The largest contributions went to the Fisher House Foundation ($22,012) and Sidwell Friends School ($5,000), the DC private school where daughters Malia and Sasha attend. They also tithed $1,500 to St. John's Episcopal Church in DC, where the family has attended Sunday services. Obama also made good on his promise to donate to the ALS Association with a $200 gift, after he opted not to take part in the Ice Bucket challenge in support of the group last summer. Vice President Joe Biden and his wife, Jill, also released their tax returnsand reported joint income in 2014 of $388,844. They were taxed at the rate of 23.3% and paid $90,506 in federal income tax along with $13,661 in Delaware income tax. Jill Biden, who teaches English at Northern Virginia Community College, paid $3,777 in Virginia income tax. The Bidens contributed $7,380 to charity in 2014. They donated to education non profits along with Catholic charities and a Presbyterian church.

Comments

Popular posts from this blog

Take care of yourself__"The first wealth is health".

By Strive Masiyiwa  A few weeks ago I went to the doctor. I will tell you what he said about my health at the end, but first read this: Twenty years ago, I arranged to meet a well-known British international businessman who invested a lot in Africa at the time. We agreed to meet for dinner at a leading hotel in London.  After a good meeting, we started to walk out of the restaurant when he suddenly collapsed in the lobby. There was total pandemonium as they rushed to get medical assistance. Being London, an ambulance arrived in minutes. I jumped in the back with him as paramedics wrestled to keep him alive. He had had a heart attack and had to have triple bypass heart surgery. Sadly he died a few weeks later. He hadn't been sick and his sudden death surprised everyone. And yet as I reflected on it, and later discussed it with a doctor friend who knew him, I realized he was very laid back about his health despite having a hectic business life. Even during our dinner...

WHERE TO BUY THINGS AT A BARGAIN IN NAIROBI

 1.Cereals – Get them in Nyamakima in that kichochoro for Molo matatus. Groundnuts from the market cost Sh190 per kilo, but at Nyamakima they are Sh110. You can also get apples and other fruits at a good price. 2.  Diapers and bar soap – OTC. The kichochoro between Tuskys and Equity.  3. Chemicals for homemade detergent, bleach, fabric softener, disinfectant – OTC, the building with Tuskys, go upstairs, first floor. They will even explain how to mix them.  4. Bulk shopping – If you can manage to go to Kawangware or Eastleigh, you will save a lot. In Kawangware, go to Samrose in the market. Alight at Mlango Soko, then at Cooperative Bank, go down and turn at the first right turn, walk about 20 metres and you will find SamRose. Go with a list, they will give you the prices. If you are buying things for a shop, they deliver. Alternatively, you can turn left and walk a bit for like 100 metres where you will find many wholesale shops including FairPrice. Also look out for Israel. In Eastlei...